Stock futures rise as China Evergrande Contagion fears ebb



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U.S. equity futures rose as concerns over giant real estate developer China Evergrande Group eased somewhat and investors awaited an update from the Federal Reserve on its plans to cut stimulus.

Futures contracts linked to the S&P 500 edged up 0.4%, indicating that the broad market index could rise after the opening bell. Futures contracts for the Dow Jones Industrial Average gained 0.5% and contracts for the tech-heavy Nasdaq-100 rose nearly 0.3%.

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